Las Vegas Sands Corp (LVS)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		106.05	59.49	65.51	61.85	61.32	63.09	65.75	72.36	70.89	83.43	79.50	82.26	85.95	91.09	94.23	93.17	103.27	71.18	68.03	73.36
DOH	days	3.44	6.14	5.57	5.90	5.95	5.79	5.55	5.04	5.15	4.37	4.59	4.44	4.25	4.01	3.87	3.92	3.53	5.13	5.37	4.98

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 106.05
= 3.44

The days of inventory on hand (DOH) for Las Vegas Sands Corp have shown some fluctuation over the recorded periods. The company's DOH ranged from a low of 3.44 days as of December 31, 2024, to a high of 6.14 days as of September 30, 2024. Generally, a lower DOH indicates that the company is selling its inventory more quickly, while a higher DOH suggests that inventory turnover is slower.

From December 31, 2022, to September 30, 2024, Las Vegas Sands Corp experienced an increase in its DOH, peaking at 6.14 days on September 30, 2024. This prolonged increase may imply issues with inventory management, such as overstocking or slowing demand for the company's products/services.

It's important for the company to analyze the reasons behind these fluctuations in DOH to ensure optimal inventory management and cost efficiency. Monitoring and managing inventory levels effectively can help prevent excess inventory carrying costs and potential write-downs due to obsolete or slow-moving inventory.